Mergers & Acquisitions - 10 Minutes News for Hoteliers - Page 25

3 min

Kempinski Hotels Acquires Augustine Hotel Prague, Marking First Acquisition in Over 50 Years and Strategic Shift

🏨 Kempinski Hotels acquired Augustine Hotel Prague, its first acquisition since 1970. Located in historic Malá Strana near Prague Castle, the property features 101 guest rooms, 20 suites, specialty restaurants, and a spa. The hotel will operate as a white-label luxury property from April 1, 2026, undergoing refurbishment before rebranding under Kempinski in late 2026. The acquisition aligns with Kempinski's shift to an asset-heavier model and aims to enhance its luxury brand identity.

2 min

Bron Eifion Country House Hotel in North Wales Listed for Sale at £1.7 Million as Owners Retire

🏨 Bron Eifion Country House Hotel in Criccieth, North Wales is on the market for £1.7 million. Built in 1883 for John E Greaves, it features 17 en-suite rooms, a four-bedroom bungalow, and staff accommodation. The five-acre estate includes gardens, woodland, and is licensed for ceremonies with two function rooms for up to 150 guests. Planning for three holiday chalets was approved in May 2022. Owners are retiring after 20 years, and the sale is managed by Savills.

1 min

Accor to Sell 31% Stake in Essendi to Blackstone and Colony for Up to €975 Million

2 April 2026

📈 Accor is selling its 31% stake in Essendi to Blackstone and Colony Investment Management for up to €975 million (approximately $1.1 billion). Essendi's hotels will transition to Accor franchise agreements as part of the deal. This move marks Accor's strategic shift towards an "asset-light" model, focusing on securing 20 years of fee income rather than owning hotel properties.

2 min

Highline Hospitality Partners Acquires Historic Westin Poinsett in Greenville, Expanding Portfolio to 19 Hotels

🏨 Highline Hospitality Partners acquired the Westin Poinsett in Greenville, S.C., marking their 19th hotel acquisition and third this year. Built in 1925, the 11-story hotel offers 200 guestrooms and 10,000 square feet of meeting space. Highline's portfolio now includes 19 hotels, totaling over 5,200 guestrooms and assets worth $1.6 billion. HEI Hotels & Resorts will manage the property, and renovations are planned to enhance its market position.

Essendi Sees Shareholder Shift as Blackstone and Colony Investment Management Invest, Accor Repositions Strategy

💵 Essendi is restructuring its shareholder base, with a French investor exiting and Blackstone entering, alongside Colony Investment Management. This transition signals a shift in strategy amid rising costs and changing customer behavior. Accor orchestrated the transaction to focus on high-value assets. Blackstone and Colony target asset transformation in European hotels. Essendi aims to optimize its portfolio, reflecting a broader European hospitality shift towards separating asset ownership from strategic management.

2 min

Igloo Hybrid Hostel in Nottingham Listed for Sale with Freehold Price Over £1 Million and Leasehold Options

🏨 The Igloo Hybrid Hostel in Nottingham is up for sale, with a freehold asking price of over £1 million and leasehold options available. It features 23 bedrooms for up to 68 guests, including private and shared rooms, and Japanese-style sleep boxes. Located near Old Market Square, it comprises two connected three-storey properties. Matt Hill from Christie and Co is handling the sale, noting the hostel's unique appeal and growing popularity.

Highline Hospitality Partners Acquires Historic Westin Poinsett Hotel in Greenville, Marks 19th Hotel Acquisition

🏨 Highline Hospitality Partners announced their acquisition of The Westin Poinsett in Greenville, South Carolina, marking their 19th hotel acquisition and third in 2026. Built in 1925, this 11-story hotel has 200 guestrooms, a full-service restaurant, lobby bar, a coffee shop, and nearly 10,000 square feet of meeting space. HEI Hotels & Resorts will manage the hotel. Plans include targeted renovations to improve its competitive position in the Greenville hospitality market.

2 min

JLL Arranges Refinancing for 506-Room Marriott Nashville Tri-Brand Hotel in Downtown Nashville, Tennessee

📍 JLL’s Hotels & Hospitality Group arranged refinancing for the Marriott Nashville Tri-Brand, a 506-room hotel in downtown Nashville, Tennessee. The five-year loan was secured for North Point Hospitality. The hotel, one of two tri-brand hotels in the U.S., opened in January 2019, with a $13 million expansion completed in January 2025. It features three Marriott brands, six dining outlets, 9,016 sq. ft. of meeting space, and 275 parking spaces.

2 min

Cycas Hospitality Merges With Vertiq Capital to Form Vertiq Hospitality Partners, Adding 400 UK and France Rooms

🏨 Cycas Hospitality merged with Vertiq Capital on 31 March 2026, forming Vertiq Hospitality Partners. The company, based in Amsterdam and London, is expanding its European operations by adding 400 rooms in the UK and France in 2026. Managing over 35 hotels with 6,000 rooms across eight countries, including the 161-room Bankside Hotel in London and 237-room 25Hours Hotel Paris Terminus Nord, the merger combines investment and asset management expertise for accelerated growth.

1 min

White Lodging Acquires 353-Room Sheraton Raleigh Hotel, Plans Renovation and Rebranding to Westin by 2027

📍 White Lodging acquired the 353-room Sheraton Raleigh Hotel in downtown Raleigh, North Carolina, and plans a comprehensive renovation to rebrand it as a Westin by early 2027. This is White Lodging's first acquisition in Raleigh. The company manages around 60 hotel properties in 17 markets, including the JW Marriott Charlotte in North Carolina. White Lodging also plans to open Hotel Trinity Austin, Autograph Collection, in Texas later this year.

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